Discontinued — last reported Q2 '21
Constellation Energy Unrecognized Tax Benefits increased by 5.8% to $3.21B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 21.2%, from $2.65B to $3.21B. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease generally signals the resolution of tax audits or the expiration of statutes of limitations, while an increase suggests new tax planning risks.
This represents the cumulative amount of tax benefits from uncertain tax positions that have not been recognized in the...
Standard for multinational corporations; peers with complex global tax structures often carry significant balances in this category.
unrecognized_tax_benefits| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|
| Value | $3.70B | $3.25B | $2.86B | $2.65B | $3.03B | $3.21B |
| QoQ Change | — | -12.3% | -12.1% | -7.3% | +14.5% | +5.8% |
| YoY Change | — | — | — | — | -18.1% | +21.2% |